SmartBuy sued for bilking GIs

New York’s Attorney General Andrew Cuomo yesterday sued a national retailer that he accused of selling grossly overpriced electronics to members of the armed forces, and then steering them into exorbitant payment plans.

Cuomo alleged SmartBuy bought laptops, televisions and gaming systems from retailers such as Wal-Mart, Sam’s Club and Costco then marked them up 225 percent to 325 percent for resale to military personnel.

Cuomo said SmartBuy’s store in Watertown, N.Y., near Fort Drum, financed more than $4 million of sales to military personnel from 2007 to 2009. He said the company abruptly closed the store after learning of the planned lawsuit.

Ray’s Rambling on Asnycnow

Charles Ray, who has been writing fiction since he was 12, with a winning short story entry in a national Sunday school publication.He is the author of two mystery e-novels, “Color Me Dead” & “Deadline.” Asnycnow's 'Ray's Rambling' pieces will feature Short Stories, Fantasy and More. Email him at asnycnow.editors@gmail.com